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Additionally, China's gold acquisitions may be as a hedge against inflation risks as they (a) devalue the RMB; (b) reportedly see 70% increases in pork prices d
by rrggrr 7y ago
Additionally, China's gold acquisitions may be as a hedge against inflation risks as they (a) devalue the RMB; (b) reportedly see 70% increases in pork prices due to swine flu, and (c) need to purchase gold to keep their ~3 year old RMB/Gold/Petro market intact.